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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 i0hujm38SXFdYX3Oa+C42Q==

<SEC-DOCUMENT>0001189642-05-000574.txt : 20051216
<SEC-HEADER>0001189642-05-000574.hdr.sgml : 20051216
<ACCEPTANCE-DATETIME>20051216162822
ACCESSION NUMBER:		0001189642-05-000574
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051215
FILED AS OF DATE:		20051216
DATE AS OF CHANGE:		20051216

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PALMORE RODERICK A
		CENTRAL INDEX KEY:			0001218964

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11123
		FILM NUMBER:		051270058

	MAIL ADDRESS:	
		STREET 1:		C/O SARA LEE CORP
		STREET 2:		70 W MADISON ST
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUVEEN INVESTMENTS INC
		CENTRAL INDEX KEY:			0000885708
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		IRS NUMBER:				363817266
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		333 W WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3129177700

	MAIL ADDRESS:	
		STREET 1:		333 WEST WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUVEEN JOHN COMPANY
		DATE OF NAME CHANGE:	19930328
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>pal205.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-12-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000885708</issuerCik>
        <issuerName>NUVEEN INVESTMENTS INC</issuerName>
        <issuerTradingSymbol>JNC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001218964</rptOwnerCik>
            <rptOwnerName>PALMORE RODERICK A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SARA LEE CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>THREE FIRST NATIONAL PLAZA</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60602</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2005-12-15</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>13.379</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>44.230</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2831.390</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The total represents Restricted Stock Units granted under the Company's Equity Incentive Award Plan.  The units cannot be certificated or sold by the director until 6 months after his service as a director ends.  Upon the expiration of this period, the director will receive Class A Common Shares equal to the number of units granted.  The units have no voting rights.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Larry W. Martin/Signed under POA</signatureName>
        <signatureDate>2005-12-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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